Cfa

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what are the subjects in first level of us cfa?
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Originally posted by : Rohan
what are the subjects in first level of us cfa?

CFA Exam Topic Area Weights

Topic Area

Level I

Level II

Level III

Ethical and Professional Standards (total)

15

10

10

Investment Tools (total)

50

30-60

0

Corporate Finance

8

5-15

0

Economics*

10

5-10

0

Financial Reporting and Analysis

20

15-25

0

Quantitative Methods

12

5-10

0

Asset Classes (total)

30

35-75

35-45

Alternative Investments

3

5-15

5-15

Derivatives

5

5-15

5-15

Equity Investments

10

20-30

5-15

Fixed Income

12

5-15

10-20

Portfolio Management and Wealth Planning (total)

5

5-15

45-55

Total

100

100

100

*Economics is part of Portfolio Management at Level III.
.
Note: These weights are intended to guide the curriculum and exam development processes. Actual exam weights may vary slightly from year to year. Please note that some topics are combined for testing purposes.
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Level

Focus on

Exam

Format

Questions

Morning

Session (9am-12noon)

Afternoon

Session (2pm-5pm)

Duration

Global Past

Pass %

1

Theory

Multiple Choice with 3 choices

240

MCQ

120

MCQ

120 MCQ

6 hours

38-42%

 


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